News Summary

Michigan’s luxury real estate market is booming, with several high-end properties now listed above $10 million. These stunning homes feature custom designs, breathtaking lakefront views, and luxurious amenities. Notable listings include a 15,123-square-foot villa on Turtle Bluff Drive and a historic estate along Lake Michigan. The surge in listings highlights the state’s increasing appeal to affluent buyers, driven by factors such as affordability and desirable living conditions. In 2024, luxury home sales have seen a significant rise, indicating a strong demand for upscale properties in Michigan.

Luxury Lakefront Properties in Michigan Listed Over $10 Million

Michigan is experiencing a surge in luxurious real estate, with multiple properties now listed for over $10 million. These exclusive homes, primarily custom-built, are located in desirable communities and boast stunning lakefront views. Among them is a notable home linked to literary icon Ernest Hemingway, underscoring the uniqueness of some available properties.

One standout listing is a 15,123-square-foot home located at 2756 Turtle Bluff Drive in Bloomfield Hills, offered at $13 million by Keller Williams Luxury. This opulent residence exemplifies Italian villa architecture and occupies nearly two acres of land with picturesque views of Turtle Lake. The exterior, crafted from red-and-gray brick, features distinctive black roofing surrounded by meticulously maintained shrubbery and trees.

Apart from its aesthetic appeal, Turtle Bluff Drive offers an array of luxurious amenities. The home includes six bedrooms, eight full bathrooms, and two half-baths. The first-floor primary suite provides ease of access, and additional spaces include a two-story executive library, formal living and dining areas, a chef’s kitchen, lounges, a theater, a fitness room, a sauna, a bar, and a recreation space with a full kitchen in the lower level. Outdoor features are equally impressive, with covered terraces, fireplaces, stone patios, a heated pool, gardens, and an eight-car garage complete with a dedicated car wash area.

Another impressive property on the market is located on a peninsula at 3251 W. Shore Drive, listed for $10,999,999 by Max Broock Realtors. This 13,536-square-foot home on a 2.5-acre lot provides a serene retreat in a secluded lakefront neighborhood, offering breathtaking lake views from nearly every room. The exterior is characterized by its white facade and gray roofing, alongside outdoor amenities that include a pool, a private sandy beach, and a cozy firepit area.

Inside, the residence includes five bedrooms, seven full bathrooms, and three half-baths, with a chef’s kitchen and walk-in pantry that make entertaining effortless. The primary suite boasts separate bathrooms and closets, along with a sitting room featuring a fireplace and a dedicated workout room. The guest suite is equipped with a sitting area, dining space, and a wet bar, emphasizing the home’s focus on comfort and luxury.

In southwest Michigan, the historic Ironwood estate at 15360 Lakeshore Road is listed for $11,250,000 by Coldwell Banker Luxury. Spanning 9,383 square feet, this estate was built in 2002 and is set along the Lake Michigan shoreline in a beautifully landscaped park-like setting. It features mature trees and perennial gardens, all crafted in a contemporary-traditional style by designer John Hancock.

Interior highlights of the Ironwood estate include intricately designed millwork, painted wood walls and ceilings, and five stone fireplaces that add to its elegant charm. This estate has three bedrooms, five full bathrooms, and three half-baths, alongside a kitchen, butler’s pantry, formal dining room, and a spacious five-plus car garage.

The rise in luxury listings over $10 million reflects broader trends within Michigan’s real estate market. In 2024, the state observed a significant increase in luxury home sales, featuring transactions from $5.05 million to $7 million, predominantly in prestigious Oakland County areas. The number of homes sold in the million-dollar range increased by 27% compared to 2023, totaling 1,988 properties sold priced between $1 million and $7,999,999.

Michigan’s appeal to out-of-state buyers remains strong, driven by factors like affordable living, protection from natural disasters, and an overall high quality of life. Current trends in the luxury market indicate a rising demand for sustainable, energy-efficient homes, with increasing interest in health and wellness spaces such as gyms and saunas. Moreover, buyers are leaning towards properties featuring first-floor owner’s suites and unique customizations to better suit their lifestyles.

As part of the growing luxury real estate scene, Sotheby’s International Realty is set to launch its eighth office in Michigan, signaling a commitment to enhancing the state’s luxury property offerings and services.